Changes between Initial Version and Version 1 of projects/leadership-committee/meetings/2016-02-06/us-budget


Ignore:
Timestamp:
Feb 4, 2016, 10:49:49 AM (4 years ago)
Author:
Jamie McClelland
Comment:

--

Legend:

Unmodified
Added
Removed
Modified
  • projects/leadership-committee/meetings/2016-02-06/us-budget

    v1 v1  
     1= Proposed US Budget for 2016 =
     2
     3Our budget prospects for 2016 are very strong and can finally allow us to both strengthen our infrastructure and move us forward in our movement work.
     4
     5However, first there is bad news:
     6
     7On December 12, we had $12,000 in our bank account. That is equal to our typical monthly expenses. This is financially reckless and we should ensure it never happens again.
     8
     9Now, the good news:
     10
     11 * We later received a $10,000 anonymous donation in response to our August fundraising drive.
     12 * We received $8,400 in membership dues from Rosa Luxemberg (paying off old balances and overypaying by $1800 - which was applied to next year) - this represent a major financial contribution that the Mexico Coop makes to us
     13 * Due to annual payments coming on different months, our income is not evenly distributed between the months and December is typically a high income month.
     14
     15As a result, we ended December with a suprising and much healthier $30,000 balance.
     16
     17And - thanks to Alfredo's hard work, we have been given verbal approval of a $15,000 contract to organize a local meeting on the topic of police body cameras, which can fully be put towards Alfredo's salary.
     18
     19When I presented my proposal to close our second colocation space and consolidate into just one - I said it was urgently needed to avoid a financial emergency. It is no longer as urgent, however, I still strongly recommend we do it for the following reasons:
     20
     21 * Last August we cut the hours and salaries of Jaime and Alfredo. We must restore those hours and salaries.
     22 * After receiving a $10,000 foundation grant three years in a row, we became dependent on it and only survived our first year without it due to a surprise anonymous donation of the same amount. We must organize our finances so we don't depend on it in the future.
     23 * We cut some essential expenditures - including a face to face leadership committee meeting.
     24 * Due to the latest threat of DDOS attacks, we should invest in having one space with two routes to the Internet, rather than two spaces in which each space only has one route.
     25
     26The Colo Consolidation
     27
     28At our last meeting Jerome proposed and we all agreed that I would continue pursuing the project of consolidating from one colocation facility to two colocation facilities and at our next meeting would present concrete numbers on the differences in expenses.
     29
     30Here they are:
     31
     32Assuming we move out of our XO location in April.
     33
     34== Total Cost over 2016 ==
     35
     36=== Continue with XO  ===
     37
     38This represents the status quo.
     39
     40 * XO costs: 3021 * 12 months = 36,252
     41 * Highwinds transit: 200 * 12 months = 2,400.00
     42
     43Total: 38,652
     44
     45NOTE: the XO contract expires in September 2016 at which point the costs could go up.
     46
     47=== Consolidate ===
     48
     49Maintain one colocation center with two upstream providers and our own IP block.
     50
     51 * XO costs: 3021 * 4 months + 5 * 755 = $15,862
     52 * New Upstream: 200 * 9 = 1800
     53 * New Equipment: 2000
     54 * Annual cost of maintaing the IP block: 100
     55 * Lost membership dues: 200 * 9 + 50 * 9 = 2250
     56
     57Total: 22,012
     58
     59NOTE: The XO contract runs through September 2016. if we break the XO contract, we will have to continue paying 1/4 of our contract price through the end of the contract in September 2016.
     60
     61NOTE: By closing our XO location, some members will be asked to move from a dedicated physical server to a virtual server and/or from maintaining two servers to only maintaining one server. This may result in a reduction of dues from these members.
     62
     63== Difference in ongoing monthly expenses ==
     64
     65Starting in October, when the XO contract is up:
     66
     67=== Continue with XO/Two cabinets ===
     68
     69 * XO cost: 3021
     70 * Highwinds transit: 200
     71
     72Total: 3,221
     73
     74=== One cabinet ===
     75
     76 * New upstream: 200
     77 * Lost Membership dues: 250
     78 * IP allocation (monthly): 8.33
     79
     80Total: 459